USDCAD Sell Idea
W1 - Price broke below the bottom of the channel. Currently it looks like a pullback is happening.
D1 - Bearish hidden divergence.
H4 - Potential triple or special cycle forming. Currently the last leg is developing,
We also have a critical zone that has formed based on the bottom of the W1 channel and the fibo levels of the cycles.
We may now expect one more push higher with the price reaching the critical zone, we may then start looking for sells with more bearish evidences.
D1 - Bearish hidden divergence.
H4 - Potential triple or special cycle forming. Currently the last leg is developing,
We also have a critical zone that has formed based on the bottom of the W1 channel and the fibo levels of the cycles.
We may now expect one more push higher with the price reaching the critical zone, we may then start looking for sells with more bearish evidences.
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